Filed April 26, 2018
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,141 | $102,385-48.1% | $147,080-63.9% | $80,935-34.3% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 15.81% | 135.09%-119.3pp | 420.17%-404.4pp | 35.66%-19.9pp |
| Employer contribution / active EE | $2,458 | $3,717-33.9% | $4,933-50.2% | $2,757-10.8% |
| Participant deferral / active EE | $6,523 | $6,651-1.9% | $8,066-19.1% | $4,299+51.7% |
| Admin fee / account holder | $8,872 | $7,951+11.6% | $12,989-31.7% | $6,924+28.1% |